Beyonce and Shakira are among the world's 100 most powerful women, according to a new Forbes list. The magazine ranked female leaders in politics, entertainment and philanthropy by their earnings, media momentum and impact. Beyonce was ranked at number 17, making her the second most powerful woman in entertainment behind Oprah Winfrey.
The star is up from number 32 in 2012, and has earned $40 million dollars as of May 2012. In Beyonce's profile, "Forbes" writes about one possible reason for the jump - the $50 million dollar contract she signed with Pepsi.
Colombian superstar Shakira also made it on the list at number 52. The magazine credited her with helping to boost the ratings of NBC's "The Voice" as a new judge, and also praised her work as a longtime UNICEF ambassador.
Other celebrities who made the list include actress and activist Angelina Jolie, model Gisele Bundchen and "Modern Family" star Sofia Vergara.
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